NZDCAD: Rising wedge in the making or channel

12 thg 12, 2018

I am looking on NZDCAD for a Rising Wedge pattern in the making or a Channel pattern if it breaks down the yellow line. Price tested a strong daily structure and didn't close above it at 0.9226 price level on Daily chart. Momentum is falling down. Two scenarios on the chart.

Good Luck!

12 thg 12, 2018

Ghi chú

If the yellow line is broken now then we are on the way down for the CD leg of the Bullish Bat pattern.

14 thg 12, 2018

Ghi chú

+80 pips up to now. SL moved at BE. NZDCAD made e move down with -95 pips from the retest of the structure.

19 thg 12, 2018

Đóng lệnh: dừng lỗ

Position closed at BE. Possibility for a triple top and price is diverging again on the wave up.

19 thg 12, 2018

Giao dịch đang hoạt động

Opening short positions againg

20 thg 12, 2018

Ghi chú

+155 pips. Closed 1/2 of the position. SL at BE. Price will need to break down 0.9077 price zone in order to continue with the downside. As long as price will stay above this zone we need to take into consideration a consolidation that can be from 38.2% to 50% Fib.Ret

3 thg 1, 2019

Đóng lệnh: đạt mục tiêu